Category : Search result: recession layoffs


Tech Unions Fight Back as AI Shakes Up Industry

From Kickstarter's strike win to Google's union push, tech workers are organising despite mass layoffs aimed at funding AI. Explore the new labour movement in Silicon Valley. Read more.

Coca-Cola Bottler HCCB Lays Off 300 Employees

Hindustan Coca-Cola Beverages plans to cut 4-6% of its workforce to streamline operations after a 73% profit decline. Details on the restructuring and market impact.

US Consumer Confidence Plummets to Tariff-Era Low

US consumer confidence fell sharply in December, reaching its lowest level since the Trump-era tariffs. Rising prices, trade levies, and job market worries fuel anxiety. Read the full analysis.

Telefonica Slashes 5,500 Jobs in $2.9B Restructuring

Spanish telecom giant Telefonica SA will cut 5,500 jobs at a $2.9 billion cost, aiming for over $700 million in annual savings. The move follows a trimmed cash flow outlook and a halved dividend. Get the latest business news updates.

Amazon cuts 84 more jobs in Washington state

Amazon announces 84 new job cuts in Washington state, unrelated to its global 14,000 layoffs. The separations, affecting tech and HR roles, are scheduled for 2026. Read the full details.

Meta Cuts 30% from Metaverse, Shifts Billions to AI

Mark Zuckerberg announces deep cuts to Reality Labs and January layoffs after $70B metaverse losses. Meta pivots billions to AI like Llama and smart glasses. Investors cheer as stock jumps 6%. Read the full story.

US Judge Blocks 250 State Department Job Cuts

A US federal judge has temporarily blocked the layoff of 250 State Department employees. The ruling cites a law passed after the government shutdown. Read the full story for details.

Roubini's 2026 US Economic Forecast: 3 Key Scenarios

Economist Nouriel Roubini predicts three paths for the US economy in 2026: a Goldilocks soft landing, a shallow recession, or a no-landing scenario. Explore the factors shaping America's economic future.

Page 1 of 4